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Greenock Resources: Equity Private Placement

Aug 30 2013 12:00AM

Marketwire

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TORONTO, ONTARIO -- (Marketwired) -- 08/30/13 -- Greenock Resources Inc. (TSX VENTURE: GKR) ("Greenock") announces it is offering a non-brokered equity private placement at $0.005 per Common Share with an attached full common share purchase warrant that is eligible to purchase a Common Share at a price of $0.05 per share for a period of 36 months from the date of closing. The maximum offering is $50,000. These funds will be used advance corporate goals and restructure Greenock to move forward with future resource development projects.

ABOUT GREENOCK

Greenock Resources Inc. is a Canadian based international mineral development company that focuses on developing a portfolio of natural resource properties. Shares outstanding: 33,139,470

Greenock holds a 100% interest in the Needles gold / silver property located in the Arrowhead mining district of Nye County, Nevada. The property is approximately 40 miles southeast of the Barrick - Kinross Round Mountain Gold Mine. The Needles property has had historical underground mining for gold and silver in the early 1920's.

This press release includes certain "Forward-Looking Statements" within the meaning of applicable securities laws. Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". Michael Newbury, P.Eng., is the qualified person who has reviewed this material on behalf of the Company. All dollar amounts are noted in Canadian dollars unless otherwise stated in this release.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



Contacts:
Greenock Resources Inc.
James S. Hershaw
CFO & Vice President, Corporate Development
(416) 603.7200
(416) 603.9200 (FAX)
jshershaw@greenockresources.com
www.greenockresources.com





Source: Marketwire


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